China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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100 articles matching the search query.
China now accounts for nearly one-quarter of Tesla revenue
Tesla has been counting on China to maintain its sales momentum, and it seems to be on track with the plan. In the three months ended June 30, the automaker’s revenue in China climbed 102.9% year-over-year to $1.4 billion, according to its latest SEC filing. That means China now makes up 23.3% of Tesla’s total […]
Tech Heavyweights Pull U.S. Stocks Down
Shares of technology heavyweights dragged U.S. stocks lower, as major stock indexes logged weekly declines. The tech-heavy Nasdaq Composite shed about 1%.
‘China’s Netflix’ delists from Shenzhen after 99.6 per cent stock rout
The company’s valuation sank to 718 million yuan (US$102.7 million) on its final day of trading, from an all-time high of 170 billion yuan in 2015.
Tesla’s Shift To Cobalt-Free Batteries Is Its Most Important Move Yet
Lithium-ion batteries make up a signficant proportion of the cost of electric vehicles, but Tesla's use of new cobalt-free technology could reduce prices considerably, potentially shifting the market rapidly towards EVs.
Neither Coronavirus Nor Trade Tensions Can Stop U.S. Companies’ Push Into China
Relations between the U.S. and China are at their lowest point in decades, and the Covid-19 pandemic has rattled consumers the world over. U.S. companies and brands are doubling down on China anyway.
Exclusive: Tesla's secret batteries aim to rework the math for electric cars and the grid
Electric car maker Tesla Inc plans to introduce a new low-cost, long-life battery in its Model 3 sedan in China later this year or early next that it expects will bring the cost of electric vehicles in line with gasoline models, and allow EV batteries to have second...
Tesla Model 3 sales in China plunge 64% in April despite electric car market recovery
Tesla sold 3,635 Model 3 cars in April — much lower than 10,160 in March, data from the China Passenger Car Association showed.
China startup NIO gains $1bn state funding to chase Tesla
EV maker's crucial deal in Anhui follows attempts with Beijing and Shanghai
Tesla's China-made Model 3 prices rise after EV subsidies cut
U.S. electric vehicle maker Tesla Inc's prices for two China-made model 3 variants rose after authorities cut subsidies in the world's biggest auto market.
Companies Retool Operations to Assist in Coronavirus Fight
As the pandemic puts nations on wartime footing, distillers concoct hand sanitizer, a car maker offers to assemble ventilators, a jeans factory switches to face masks. “It’s all hands to the pumps.”
Exclusive: Tesla in talks to use CATL's cobalt-free batteries in China-made cars - sources
Tesla is in advanced stages of talks to use batteries from CATL that contain no cobalt - one of the most expensive metals in electric vehicle (EV) batteries - in cars made at its China plant, people familiar with the matter said.
Tesla Set to Expand China Assembly With Compact SUV
Tesla plans to build its Model Y compact sport-utility vehicle in China, in a move to expand the company’s capabilities as it seeks to grow in the world’s biggest auto market.
Elon Musk dances, throws jacket across stage in Shanghai as Tesla delivers first made-in-China cars
"You spend a lot of your life at work, so we want to make it a real good vibe. The test is, do you look forward to coming to work in the morning and, if not, we should fix it," Musk said.
GM Posts Its Biggest China Sales Decline
General Motors warned of a tough 2020, underscoring the challenges that U.S. car makers are facing as a protracted decline grips the world’s largest auto market.
Tesla delivers first China-made cars from $5bn Shanghai factory
First 15 Model 3 electric cars go to employees and US firm will ramp up production in 2020
Tesla gets preferential loan from Chinese lenders ahead of Monday rollout
Elon Musk has secured the financial backing of four Chinese state-controlled banks for Tesla’s first offshore assembly, giving the US carmaker access to loans at cheaper-than-market rates to complete a cornerstone investment in Shanghai’s new economic zone.
China Slips in Its Rush to Embrace Electric Vehicles
The world’s fastest-growing market for electric vehicles is slowing, raising concerns that even in tech-hungry China, EVs could be a hard sell for years to come.
Tesla to raise prices in China on August 30, may increase again in December: sources
U.S. electric vehicle maker Tesla Inc will raise prices in China on Friday, earlier than planned, and is considering increasing prices again in December should Chinese tariffs on U.S.-made cars take effect, people familiar with the matter said.
How tariffs in China could cause a meltdown in the American South
Automakers like BMW and Mercedes-Benz have invested heavily in factories in the United States that export vehicles to China. Those automakers and their American employees will be deeply affected by the trade war.
Latest Round in Trade War Set to Hit U.S. Vehicles, Agriculture
The U.S. and China raised tariffs on one another, with Beijing extending the levies to almost its remaining U.S. imports.
